Stablecoin Market Cap Rises in July for 10th Consecutive Month, Hitting Highest Point Since April 2022: CCData

Stablecoins are on the rise, according to a crypto data firm. The platform CCData notes in a new report that stablecoin market cap rose 2.11% last month, the 10th consecutive end-of-month market cap increase for the sector. “This is the highest monthly rise in the stablecoins market capitalization since April, suggesting inflows of new capital […] source: https://dailyhodl.com/2024/08/02/stablecoin-market-cap-rises-in-july-for-10th-consecutive-month-hitting-highest-point-since-april-2022-ccdata/